Consumer and Business Banking Risk Consultant – Strategic Initiatives and Product Risk Support
The Role
Consumer and Business Banking (CBB) Risk Management has an opening for a Risk Consultant to support the Business
Banking team in India. The Risk consultant is responsible for providing compliance and operational risk management
expertise and leadership for business banking key initiatives. This role will specifically support activities related to digital
delivery for Business products by providing risk subject matter expertise in several key areas including Credit Risk, Data
Protection and Privacy, Fraud, Fair and Responsible Banking, Models, Technology, Information Security, as well as other
applicable laws and regulations.

Essential Functions
(a) Provide compliance and operational risk subject matter expertise (SME) to ensure compliance with applicable,
U.S. federal regulations and state laws. Engage other risk SMEs, as needed, but ultimately responsible for
making decisions and accountable for the decisions made
(b) Establish and maintain appropriate systems of risk management and internal controls to support business
objectives, maintain acceptable risk appetite/tolerances and comply with applicable laws and regulations
(c) Operate independently within the CBB framework, often with tight deadlines and multiple, concurrent projects
(d) Make informed risk decisions expeditiously to ensure consistent and timely risk support for the project teams
(e) Partner with peer Strategic Initiatives and Product Risk Support, CBB Risk, Business Banking leaders, and Second
Line of Defense Risk partners to ensure an effective risk management framework
(f) Facilitate the identification of gaps and drive solutions that minimize losses resulting from inadequate internal
processes, systems or human errors. Ensure the active identification, response and/or escalation of risks as
appropriate
(g) Take initiative to influence strategies, policies and procedures to promote a strong customer experience while
maximizing profit potential and minimizing regulatory exposure
(h) Navigate all risk approvals required for Enterprise Change Management, as needed.
(i) Lead and/or support strategic initiatives in an anticipatory posture related to the rapidly changing risk and
compliance environment, while balancing process efficiencies and customer experience Preferred Skills/Experience
(a) Proven experience and subject matter expertise of compliance and operational risks related to digital properties
and business banking products
(b) Comprehensive knowledge and experience with the industry, products, policies, operations and procedures
related to business banking products
(c) Strong professional presence to support regular interactions with senior management
(d) Demonstrated skills in leadership and management of process, projects and people
(e) Strong analytical skills and strategic thinker
(f) Strong collaboration, interpersonal, management, and ability to interact and present to management
(g) Ability to work in an open, fast-paced and dynamic environment
(h) Ability to research and manage multiple projects and deadlines simultaneously
(i) Demonstrated oral and written communication and interpersonal skills, planning and implementation skills and
negotiation
(j) Previous experience in Agile work environment preferred
(k) Certifications desired (e.g., Certified Regulatory Compliance Manager – CRCM) Location
(a) Position will be located in Chennai, India.

Interested candidates please share CVs to shyam.k@cognizant.com

The Cognizant community:
We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive.

Cognizant is a global community with more than 300,000 associates around the world. We don’t just dream of a better way – we make it happen. We take care of our people, clients, company, communities and climate by doing what’s right. We foster an innovative environment where you can build the career path that’s right for you.

About us:
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant (a member of the NASDAQ-100 and one of Forbes World’s Best Employers 2024) is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com

Our commitment to diversity and inclusion:
Cognizant is an equal opportunity employer that embraces diversity, champions equity and values inclusion. We are dedicated to nurturing a community where everyone feels heard, accepted and welcome. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws.

Disclaimer: 
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.

Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.